UK Services PMI for October rose to 53.1, above the 51.8 expected.
FirstSquawk10/23, 03:30 PM
Market impact
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GBP
Would push up
DaysMedium confidence
PMI beat reduces pressure for BoE rate cuts, supportive for sterling
What could change this
The Fed's rate decision and press conference this week could overshadow the PMI's effect on GBP/USD.
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1.3378-0.17%vs previous close
-0.04%
since this story
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